About Konjac noodles
Konjac noodles they’re made from Glucomannan, a type of fiber that comes from the root of the konjac plant. Konjac grows in japan, china and Southeast Asia konjac is high in fiber and low in calories and gluten, making it an excellent diet food, konjac demand has increased significantly in recent years and is expected to continue to rise in the coming years due to its widespread use in a variety of industries. Consumers nowadays are very concerned about their health and, as a result, are very particular about the food products they consume. For many years, konjac fibers have been used as a traditional medicine in the APAC region.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.1% |
The key manufacturers Zeroodle and Miracle Noodle are targeting the innovations of the products with better quality, better Taste, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic in order to maintain their presence in the market Analyst at AMA Research estimates that China Vendors will contribute the maximum growth to Global Konjac noodles market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Hubei Yizhi Konjac Biotechnology Co. Ltd (China), Zeroodle (Canada), Miracle Noodle (United States), NAH Foods (United Kingdom), IHerbs (United States), Slendier (Australia), Shanghai Brilliant Gum Co. Ltd (China), Henan Xin Industry Co. Ltd (China), Baoji Konjac Chemical Co., Ltd (China), NOW Foods (United States) and FMC Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Shaanxi Jintai Konjac Industrial Development Co., Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Konjac noodles market by Type (Wet Noodles and Dry Noodles) and Region.
On the basis of geography, the market of Konjac noodles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Angel Hair will boost the Konjac noodles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel , the sub-segment i.e. Hypermarkets/Supermarkets will boost the Konjac noodles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Consumer Awareness about Konjac Noodles Has Risen As the Frequency of Gastrointestinal Illnesses and Obesity Has Grown and Increased Consumption of Junk Food and a Sedentary Lifestyle
Market Growth Drivers:
Increase in the Volume of Production and Export Markets and Increased Popularity of “World Foods” is the driving force for the sale of Konjac Noodles
Challenges:
Lack of Awareness among Different Part of the World and Sometimes Glucomannan May Reduce the Absorption of Certain Medications, Including Some Diabetes Drugs
Restraints:
Availability of Low-Cost Counterfeit Products and High Cost of Konjac Noodles due High Export Duty Prices in Certain Regions
Opportunities:
Konjac Items are becoming more famous in Light of the Fact That to Their Prebiotic Attributes and many health benefits
Market Leaders and their expansionary development strategies
In September 2023, The Taiwan-based company Taste At Ease has launched a new product line of Instant Konjac Noodles & Rice and is offering partnership opportunities for retailers.
In December 2023, Miracle Noodle launched a range of low-carb, high-fiber products using konjac, including noodles, pasta, rice alternatives, ready-to-eat meals, and soups.
Key Target Audience
Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Raw Material Suppliers, Industrial, Hospitals and End-use industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.